Answer:
The minerals and precious stones would be part of the current account, which is one of the three components of the balance of payments, the other two being the capital account and the financial account.
Explanation:
The current account includes income transfers, current transfers, the balance in the trade of services, and the balance in the trade of goods. The export value of minerals and precious stones would more specifically be in the balance of the trade of goods, simply because minerals and precious stones are classified as economic goods.
Answer:
A) quantity demanded decreases.
Explanation:
The law of demand states that as the price of a good or service increases, the quantity demanded (not the demand) of the good or service will decrease. This happens because less consumers are willing to purchase the goods or services and since the supply doesn't change, overstocking will result, which will decrease the equilibrium price.
*The demand of a good or service is shown by the demand curve, but the points in the curve represent the quantity demanded.
Answer:
The greater the discrepancy between a consumer's needy state and the desired state, the greater <u>the consumer's need recognition will be.</u>
Explanation:
As there is a greater discrepancy between the two states, there would be stronger drive to satisfy the need
While taking out net cash flow (operating activity ) we will use -
= Net income + depreciation expenses or amortization expenses + working capital changes + loss on sale of assets - gain on sale of assets
In working capital changes - increase in current assets would be subtracted.
increase in current liability would be added
decrease in current asset would be added
decrease in current liability would be subtracted
As per question -
= $29,000 + $3000 + $2000 + $4000 + $8000
= $ 46,000
